Skip to main content

About your Search

20131202
20131210
Search Results 0 to 1 of about 2
be sold. be doing so. >> thank you, caroline. on he u.s. is clamping down tax evasion. urged to s are being participa participate. we have all the details. been talking about it. this could be the end of the ing -- bingeing. >> we are at the turning point they the americans believe $100 billion. u.b.s.. has gone after the department of justice saying you notice,ve given we want you on board and go for voluntary disclosures in terms names of people that you have helped evade taxes and swiss saying guys get on board with this program because don't you potentially face criminal investigation and fines. that s one way of jumping and staying in the u.s. and saying to the authorities look, numbers the names and and it definitely has had an impact. in terms of u.s. assets overseen byswiss banks it has dropped 70% and the americans said yeah swiss bank account and the amount of money. >> this is the disclosure. saying i think you should comply now otherwise they say spying. 14 banks are already involved in criminal investigation and go to the after you sites so you have credit suisse, h
figure. we are way out of line with countries like france and germany where taxes are much lower. at this stage of the economic recovery, small and medium-sized businesses need cash. they could bust because of lack of cash. it really needs reforming. >> let's talk about small and medium enterprises. what does this institution find here -- need to do to give suffrage to the small and medium enterprises? it needs to be frozen and then reviewed. these smes also need to have access to finance. fillre trying to for orders from overseas, often turning the down because they can't get the working capital. what they need is a business bank. capital ratherve than having to rely purely on equity. other countries have a business bank. the united states, canada, france, italy, germany has a fantastic business bank. very very important. >> we talk about the small and enterprises, the ability to pay taxes is critical. what additional support would hear?ke to do you really think he is going to give you anything in this statement? >> i would hope he would, but the export support area is a critica
Search Results 0 to 1 of about 2